SYR 2.04% 25.0¢ syrah resources limited

am buying syr at $1.67

  1. DSD
    15,761 Posts.
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    Amazed to see SYR fall so massively. Company says nothing has changed. Meanwhile in USA Telsa announce record sales of their 100%electric car. At Xmas i only got as far as Mozambique border but spoke with several business people who confirmed Mozambique govt is welcoming to foreign investors. It is def not corruption-free but levels are lower than many African states. I expect Moz govt, along with certain officials, will ultimately take a 20-25% share in SYR and probably pay very little for it! Whilst far from ideal it will probably ensure the mine will reach production. Def is a highish risk stk but i entered a short while ago at $1.67 as i feel the resource is too exceptional, and graphite flake production so simple to produce, that the likelyhood of SYR becoming a profitable venture within 12-18months is over 70%.
    Let's hope i'm right. SYR has huge commercial demand unlike some precious metals.
 
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Last
25.0¢
Change
0.005(2.04%)
Mkt cap ! $263.8M
Open High Low Value Volume
24.5¢ 26.0¢ 24.0¢ $628.9K 2.525M

Buyers (Bids)

No. Vol. Price($)
14 251417 25.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.5¢ 894412 36
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Last trade - 12.35pm 28/08/2024 (20 minute delay) ?
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